FLGIX — Franklin Global Listed Infrastructure Fund

FLGIX Fund Overview

FLGIX — Franklin Global Listed Infrastructure Fund is a US mutual fund managed by Franklin Global Trust, categorised as Emerging Markets Multi-Cap / All-Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Franklin Global Trust
• Category: Emerging Markets Multi-Cap / All-Cap Blend / Core Industrials Equity
• Assets under management: $37.36M
• Ticker: FLGIX
• SEC CIK: 0001124459
• SEC series ID: S000041984
• Share class ID: C000130381

FLGIX Investment Objective and Strategy

Franklin Global Listed Infrastructure Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin Global Trust.

Investment objective

Total investment return consisting of income and capital appreciation.

Principal investment strategy

"Under normal market conditions, the Fund invests at least 80% of its net assets in securities listed on a domestic or foreign exchange of companies that are located around the world (including emerging markets) and whose principal business is the ownership, management, construction, operation, use or financing of infrastructure assets. Under normal market conditions, the Fund expects to invest at least 40% of its net assets in foreign securities. The Fund may invest up to 20% of its net assets in emerging markets and may invest in infrastructure-related companies of any market capitalization size. The Fund defines an infrastructure-related company as any company that derives at least 50% of its revenue or profits from the ownership, management, construction, operation, use or financing of infrastructure assets.

Infrastructure assets are the physical structures, networks and systems relating to transportation, energy, water and sewage, and communication (including, for example toll roads; bridges and tunnels; airports; seaports; electricity generation including, but not limited to, renewable energy generation assets; electricity transmission lines and distribution; gathering, treating, processing, fractionation, transportation and storage of hydrocarbon products (e.g., oil and gas); water and sewage treatment and distribution pipelines; communication towers and satellites; and railroads). The Fund may invest in all types of equity securities, which may include common and preferred stock and income trusts. Other Fund investments may include depositary receipts. While the Fund does not concentrate in any one country or region, from time to time, based on economic conditions, it may make significant investments in certain countries or regions.

For purposes of pursuing its investment goal, the Fund may, from time to time, enter into various transactions involving derivative instruments, including currency forwards and futures contracts, which may be used to help manage currency risks and manage local currency exposure. When selecting investments for the Fund's portfolio, the investment manager applies a ""bottom-up"" stock selection process that incorporates macro-level views in the evaluation process. The investment manager's portfolio construction process combines: bottom-up analysis of individual stock and infrastructure market fundamentals; and top-down macro overlays to provide country/regional, infrastructure sector, and company size perspectives in identifying international/local cyclical and thematic trends that highlight investment opportunities.

The investment manager applies a similar process when determining which securities to sell. In this process, the investment manager may sell a security when it has become overvalued due to either its price appreciation or changes in the company's fundamentals, or when the investment manager believes another security is a more attractive investment opportunity in light of the Fund's overall portfolio."

FLGIX Holdings

Top 1 holdings of Franklin Global Listed Infrastructure Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all FLGIX holdings

FLGIX Portfolio Allocation

Asset-class allocation of Franklin Global Listed Infrastructure Fund by percentage of net assets, from the latest SEC N-PORT filing.

FLGIX Costs and Fees

FLGIX costs about $124 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.24%
• Gross expense ratio: 1.75%
• Portfolio turnover: 97%
• Brokerage commissions: 9.69 bps of average net assets (SEC N-CEN)

FLGIX Cashflows

Over the 12 months to 2019-10, Franklin Global Listed Infrastructure Fund had net outflows of $25.13M, from monthly SEC N-PORT filings.

FLGIX Debt Constituents

No individual debt constituents are reported in Franklin Global Listed Infrastructure Fund's latest SEC N-PORT filing.

FLGIX Prospectus and SEC Filings

Official Franklin Global Listed Infrastructure Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2018-12-07
• Prospectus supplement (497) — filed 2018-09-10
• Prospectus supplement (497) — filed 2018-02-09
• Portfolio holdings (N-PORT) — filed 2019-12-27
• Annual census (N-CEN) — filed 2019-10-11
• Annual census (N-CEN) — filed 2018-10-12

Related Funds

Other Emerging Markets Multi-Cap / All-Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:

• TIAA-CREF Emerging Markets Equity Fund (TEMRX)
• John Hancock Multifactor Emerging Markets ETF (JHEM)
• Matthews Pacific Tiger Fund (MAPTX)
• Thornburg Developing World Fund (THDAX)
• Wasatch Emerging Markets Select Fund (WAESX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.